Military Metals (CSE:MILI) has appointed boutique financial firm DGWA as its European financial market advisor to support its Trojárová Antimony-Gold Project in western Slovakia.
DGWA will provide several services to the company including arranging site visits to the project with key investors, organising European roadshows, assisting with grant funding applications to access non-dilutive financing, and introducing Military Metals to European newsletter writers.
The firm will also introduce the company to key German and European defence sector companies and arrange participation and representation in European Union raw materials conferences.
In addition, DGWA will translate presentation materials for investors into German language, manage translations and distributions of press releases, and post on Military Metals’ website and newsletters.
Military Metals CEO Scott Eldridge says DGWA has helped mineral projects access numerous funds from various European sources.
“We are in the process of converting the robust high-grade Soviet era resource into a complaint resource with a top global resource firm, SLR,” Eldridge says.
“As we advance our European asset, we look forward to working with Mr Müller and his highly experienced team.”
DGWA Chief Executive Stefan Müller says the European Union has allocated billions of euros towards developing domestic critical mineral projects in the form of equity, grants, offtake financing, and project finance loans.
“Additionally, Germany and greater Europe now have a significant number of commodity funds focused on domestic projects,” Müller says.
“Antimony is a key mineral listed in Europe’s Critical Raw Materials Act, which has also adopted a fast-track permitting process unseen in other parts of the world. We look forward to supporting the advancement of the Trojárová asset.”
Müller notes that the company is aware that European defense sector companies are seeking to secure offtake of key minerals such as antimony.
Antimony prices continue to reach all-time highs due to supply constraints coupled with demand. Eldridge says that analysts predict antimony prices will reach US$100,000 per tonne, which represents a double of the current price.
Antimony is considered a critical mineral in Australia, China, the European Union, Japan, and the US. While the metal has been traditionally used in cosmetics, medicine, and metallurgy, but is now applied to military applications and industrial uses.
In the military and industrial sectors, antimony is used to produce flame retardants, alloys, semiconductors, ammunition, and electronic devices.
DGWA is a European investment banking boutique based in Frankfurt, Germany.
Military Metals is a British Columbia-based mineral explorer primarily focused on acquiring, discovering, and developing antimony projects.
The company will be exhibiting at this year’s Prospectors & Developers Association of Canada (PDAC) event being held from 2-5 March in Toronto, Canada.
The annual award winning convention brings together up to 30,000 attendees from over 130 countries for its educational programming, networking events, as well as business and investment opportunities.
Mining.com.au is an official media partner for the upcoming event.
To register for PDAC 2025 click here.
Write to Aaliyah Rogan at Mining.com.au
Images: Military Metals
